European banks create Qivalis to develop MiCAR-compliant euro stablecoin - Digital Watch Observatory — 2026-05-22

Impact Vector: Crypto Infrastructure · May 22, 2026 · 3m

## Short Segments The Bank of England is rethinking its stablecoin rules after industry pushback. The central bank is reconsidering its proposed limits on stablecoin holdings and reserve requirements, which were initially set to mitigate liquidity risks. Deputy Governor Sarah Breeden acknowledged that the original proposals might have been too conservative. This shift comes as the Bank of England seeks to balance regulatory oversight with the growth of the digital assets sector. The practical effect is a potential easing of restrictions that could allow for more flexibility in stablecoin…